Which of the Following Statements Accurately Brings Out the Difference

question 100

Multiple Choice

Which of the following statements accurately brings out the difference between economies of scale and learning effects?

• A) While there are no diseconomies to learning, there are diseconomies to scale.
• B) Economies of scale occur over time, whereas learning effects are captured at one point in time.
• C) Firms experience economies of scale when output increases, and learning effects when output decreases.
• D) Economies of scale reduce cost per unit, learning effects increase cost per unit.

Recognize the role of chordate features in the adaptive evolution of various groups.

Explain the significance of the notochord and other chordate features in the phylogeny of the group.

Identify adaptations to terrestrial life in vertebrates.

Understand the evolutionary relationships and characteristics of early jawed and jawless fishes.

---

Definitions:

Techniques

Methods or ways of accomplishing tasks or achieving goals, especially those that require specific skills or knowledge.

Production

The process of creating goods or services through the combination of labor, materials, and technology to meet consumer demand.

Lumber

Wood that has been processed into beams and planks, a stage in the process of wood production.

Abstractions

A concept, idea, or philosophy that is detached from any specific instances or material entities.